On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even despite the ongoing geopolitical tensions and the strengthening of the dollar after the publication of inflation data in the United States.The current price of Brent oil is $89.38 per barrel, yesterday's maximum was marked at $89.77. North American WTI crude is trading at $83.66 per barrel.The market was supported by data from the US Department of Energy, indicating a more significant than expected reduc... Baca Lagi
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Baca Lagi
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Baca Lagi
According to the US Department of Labor, in the first week of April, the number of initial... Baca Lagi
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... Baca Lagi
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Baca Lagi
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Baca Lagi
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Baca Lagi
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Baca Lagi
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Baca Lagi
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Baca Lagi
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Baca Lagi
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Baca Lagi
The mood in the German business community deteriorated significantly in March amid concerns about... Baca Lagi
Energy experts fear that global oil storages may overflow during several months due to falling... Baca Lagi
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Baca Lagi
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Baca Lagi
The European Union decided to create an investment initiative of €37 billion as part of a package o... Baca Lagi
According to the results of the European Central Bank (ECB) meeting, the regulator left key... Baca Lagi
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Baca Lagi
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Baca Lagi
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Baca Lagi
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Baca Lagi
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Baca Lagi
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Baca Lagi
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Baca Lagi
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Baca Lagi
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Baca Lagi
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Baca Lagi
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Baca Lagi
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Baca Lagi
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